Europe Cardiopulmonary Oxygenator Market

The Europe cardiopulmonary oxygenator market was valued at US$ 215.48 million in 2022 and is expected to reach US$ 265.89 million by 2028. It is estimated to register a CAGR of 3.6% from 2022 to 2028

Rise in Incidence of Cardiopulmonary Diseases is Fuelling Europe Cardiopulmonary Oxygenator Market

Cardiopulmonary disorders mainly affect the lungs and heart of people. These conditions are categorized as cardiovascular diseases and chronic obstructive pulmonary disease (COPD). Cardiovascular diseases include coronary artery diseases, blood vessel diseases, heart arrhythmia problems, and heart defects, which affect the heart and blood vessels. Further, COPDs are diagnosed with emphysema and chronic bronchitis.

According to the World health organization (WHO), COPD was the third prominent cause of death worldwide in 2021. The high mortality rate of COPD is associated with acute exacerbations that lead to the failure of patients’ respiratory muscles, resulting in the loss of their ability to breathe independently; thus, the patients die from systemic infection and asphyxia. Oxygenator devices can be used to manage COPD attacks. Thus, with the growing incidence of COPD, the demand for cardiopulmonary oxygenators is also on the rise.

The primary risk factors of CVDs include family history, ethnicity, and age; other risk factors include tobacco consumption, hypertension, obesity, high cholesterol, physical inactivity, and diabetes. The WHO estimates 17.9 million lives are lost due to CVDs annually. To prevent patients’ death, oxygenator devices can be a major assistance to doctors. In the case of heart failure, the oxygen level in the blood is maintained with the help of an external device as the heart cannot maintain proper oxygen levels. Oxygenator devices are used to manage heart failure patients.

Thus, the increasing prevalence of cardiopulmonary diseases (cardiovascular disorders and COPDs) boosts the demand for cardiopulmonary oxygenators.

Europe Cardiopulmonary Oxygenator Market

Overview

The European cardiopulmonary oxygenator market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The region holds a significant market share in the cardiopulmonary oxygenator market.

In Europe, heart attack is the most serious consequence of coronary heart disease (CHD). In Germany, more than 3.6 million people live with CHD, and more than 1.3 million have survived a stroke. Their prevalence is also on the rise. According to the latest WHO data published in 2020, Coronary Heart Disease Deaths in Germany reached 147,055 or 20.98% of total deaths.  Moreover, chronic obstructive pulmonary disease (COPD) has a high prevalence rate in Europe, and a further increase is expected within the next years. Further, in 2020, the number of isolated heart transplantations increased to 340, a rise of 2.1% compared with the previous year. However, the isolated lung transplantations amounted to 291, a decrease of 6.4%. During the surgery to treat cardiopulmonary diseases, oxygenators are used to decrease the pressure on lung and heart. Therefore, rising cases of cardiopulmonary diseases in Europe is fueling the growth of the cardiopulmonary oxygenators market.

Europe Cardiopulmonary Oxygenator Market Revenue and Forecast to 2028 (US$ Million)

Europe Cardiopulmonary Oxygenator Strategic Insights

Strategic insights for the Europe Cardiopulmonary Oxygenator provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Cardiopulmonary Oxygenator Report Scope

Europe Cardiopulmonary Oxygenator Regional Insights

The geographic scope of the Europe Cardiopulmonary Oxygenator refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Europe Cardiopulmonary Oxygenator Market

Segmentation 

The Europe cardiopulmonary oxygenator market is segmented into product, application, type, age group, end use, and country. Based on product, the market is bifurcated into membrane oxygenator and bubble oxygenator. The membrane oxygenator segment held a larger market share in 2022.

Based on application, the market is bifurcated into cardiac and respiratory. The cardiac segment held a larger market share in 2022.

Based on type, the market is bifurcated into reusable cardiopulmonary oxygenators and disposable cardiopulmonary oxygenators. The reusable cardiopulmonary oxygenators segment held a larger market share in 2022. 

Based on age group, the market is segmented into adults, pediatric, and neonates. The adults segment held the largest market share in 2022. 

Based on end use, the market is segmented into hospitals and clinics, ambulatory surgical centers, and others. The hospitals and clinics segment held the largest market share in 2022. 

Based on country, the market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the market share in 2022.  

Getinge AB; LivaNova Plc; Medtronic Plc; Terumo Corp; Eurosets SRL; Microport Scientific Corp; Chalice Medical Ltd; and Fresenius Medical Care AG & Co KGaA are the leading companies operating in the Cardiopulmonary Oxygenator Market in the region.